Wallets & Exchanges

Unraveling the Lainchain Phishing Scheme

Could you spot a phishing scam if it showed up at your next meetup? Find out how Lainchain’s deception caught professionals by surprise in Paris. A crypto trap in Paris On the evening of Dec. 3, a freelancer meetup took place at Café Oz in Paris, drawing individuals from various industries to network and exchange ideas. Among the attendees was …

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Hong Kong gives conditional licenses to four crypto exchanges

The Hong Kong Securities and Futures Commission has granted conditional licenses to four virtual asset trading platforms.  The platforms — Accumulus GBA Technology, DFX Labs, Hong Kong Digital Asset EX, and Thousand Whales Technology — must meet specific regulatory conditions before fully operating, according to the SFC. The licenses follow the SFC’s risk-based inspections introduced in June. These inspections are …

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Holdstation launches A(i)gentFi, the first AI agent hub on ZKsync

Web3 wallet Holdstation introduces AI agent platform A(i)gentFi. The platform is dedicated to creating, managing and monetizing AI agents on the ZKsync network. In a blog post published on Dec. 12, the ZKsync-based DeFi wallet Holdstation announced its plans to bring more artificial intelligence agents into the blockchain with the launch of its new AI agent hub A(i)gentFi and a …

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Binance CEO says users deposited over $21b to the exchange in 2024

Binance CEO Richard Teng announced that the crypto exchange saw a total of $21.6 billion in user fund deposits throughout 2024 alone, following a surge in Bitcoin and Tether deposit value across all exchanges. In a recent X post on Dec. 12, CEO of Binance Richard Teng said that the crypto exchange recorded user fund deposits amounting to $21.6 billion …

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Valour adds 20 crypto ETPs to Sweden’s Spotlight Stock Market

Valour Inc. has introduced 20 new digital asset exchange-traded products on Sweden’s Spotlight Stock Market.  This represents the largest single-day launch in the company’s history, increasing its total ETP offerings to over 60 across European exchanges, according to a company release. The new ETPs provide regulated access to a variety of blockchain-based assets, offering traditional investors a pathway to digital …

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South Korean watchdog probes Coinone after MOVE price soared x46k times: report

South Korea’s financial watchdog is investigating the Coinone crypto exchange over Movement’s token sharp price swings, raising concerns over potential unfair trading. A major investigation is underway into Korean crypto exchange Coinone after the price of the Movement (MOVE) token saw a sudden and extreme fluctuation, according to a report by Korean news outlet MTN. The Financial Supervisory Service, which …

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New Zealand’s CBDC consultation results show limited public enthusiasm

New Zealanders are not too excited about a central bank digital currency, with the Reserve Bank of New Zealand’s public consultation feedback revealing the majority view it as not important. On December 10, the Reserve Bank of New Zealand (RBNZ) released the results of its public consultation on a potential CBDC, which garnered feedback from 500 written submissions and 18,000 …

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Here’s why Magic Eden’s airdropped token flopped 67%

Magic Eden, one of the largest non-fungible token marketplaces, saw its newborn airdropped coin become a flop right after its launch on Tuesday, Dec. 10. According to a blog post, the NFT marketplace, launched in September 2021, allocated 12.5% of its 1 billion Magic Eden (ME) total supply to its airdrop. The token generation event captured the attention of leading …

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Bybit adds SUI to on-chain earn platform

Crypto exchange Bybit has announced the addition of Sui to its recently launched On-Chain Earn platform. On Dec. 10, the exchange revealed the expansion of its On-Chain Earn offering with Sui (SUI), , currently the 20th largest cryptocurrency by market cap. Bybit’s On-Chain Earn platform enables users to stake coins directly on the blockchain and supports popular proof-of-stake cryptocurrencies such …

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Bitmain announces new US production line to streamline Antminer delivery

Chinese Bitcoin miner Bitmain is expanding operations in the United States by launching a local production line. In a Dec. 9 X post, Bitmain said the move would help it serve North American customers better by reducing delivery times, improving supply chain efficiency, and providing more responsive support. The company expects to roll out the first batch of the Antminer …

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